Equus Total Return (NYSE:EQS) Raised to C at TheStreet
Equus Total Return (NYSE:EQS) was upgraded by analysts at TheStreet from a “d+” rating to a “c” rating in a report released on Tuesday, TheStreetRatingsTable reports.
Shares of EQS opened at $1.67 on Tuesday. The company has a debt-to-equity ratio of 0.58, a current ratio of 37.26 and a quick ratio of 37.26. Equus Total Return has a one year low of $1.55 and a one year high of $2.29. The stock’s 50 day moving average price is $1.68.
A hedge fund recently raised its stake in Equus Total Return stock. Ancora Advisors LLC boosted its stake in shares of Equus Total Return, Inc. (NYSE:EQS) by 16.6% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 684,426 shares of the investment management company’s stock after buying an additional 97,426 shares during the period. Ancora Advisors LLC owned 5.06% of Equus Total Return worth $1,342,000 at the end of the most recent quarter. 13.06% of the stock is owned by institutional investors and hedge funds.
Equus Total Return, Inc is a business development company (BDC) specializing in leveraged buyouts, management buyouts, recapitalizations of existing businesses, special situations, equity and equity-oriented securities issued by privately owned companies, debt securities including subordinate debt, debt convertible into common or preferred stock, or debt combined with warrants and common and preferred stock, preferred equity financing, .
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